Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-02-25
THE NEW SOUTH.
A RecspituIation OF New Enterprises
Set AfoOt in the South During
the Past Week.
Remarkable Activity in ALI Lines OF Iudu,
try-Immense Investments to Do
velop Iron and Coal.

BALTIMORE, Mp, Feb. 1S.-The Manu-
facturers' Record for this week will pub
lish an additional statement of the growth
Of manufacturing interest in the south,
nearly ell of which are enterprises which
originated during the past week;
The Etowah Iron and Manganese Com
pany of Atlanta, Ga, organized last week
for the development of 1900 acres CT
iron and manganese lands near Carriers
vile, Gs. 1t has decided to build d
81 ,000, 900 steel rail mill either st Atlanta
or Gainesville, which with one exception
Will be the only steel rail mill in the
south. This company will also oulld
four iron furnaces st Montgomery, Ala.
The company has purchased los, 600 acres
of mineral and agricultural land in Ala
bama, and Will develope manufactures OF
various kinds.
A IS 900, 600 coal, coke and iron COM
pauy has been organized in Alabama by
capitalists of that state and Connecticut
Contracts have been closed for 8 number
of furnaces previously projected, three
at Sheffield for 1854, 900, which is said t.
be the largest single contract ever made
in the United States for building fur
naces, one near birmingham AID two at
Nashville.
Among other large companies reported
for the week there were $500, 900 barge
company and $500, 900 land improve
ment company st Fort Smith, Ark.
A 100000 company organized at
Memphis to develop mineral lands in
Arkansas, $500, 900 land and improve
ment company at Birmingham, q $780,,
900 company of the same kind st Carriers
vile, Ga; one of S250,000 at Meridian,
Miss; one at Duckhall, Miss, and one
at Gainesville, Tenn; $4,000 mining
company at Atlantis, Ga; 100000
cooperative company at Lexington,
Ky; $50 600 quarry company at New Or
leans; $500, 600 car works aad 81, 900, 900
gssworks at Baltimore and probably 4
81 100000 sGgar refinery at the same
plac' two mining companies, one Of
500 900 and the other of $500, 900 capital
stock, 10 North Carolina q SIS, 900 cot
ton mill company in Charlotte, N c., and
one in Columbus, Miss; 500, 900 mar
BILE quarry in Tennessee; q $50, 900 agri-
cultural implement company st Admission,
Ala; a steel bloomery and casworks at
the same place, and $4,000 soap COM
pany at Wheeling, Va.
The Norfolk and Western Railway has
contracted for an extension of its Cripple
creek branch to the ore land lately pur-
chased by Philadelphia capitalists, who
have contracted for l00-t0n furnace at
Pulaski, Va. The same road has awarded
contracts for extending the rosd through
Mercer county, W. Va, which includes
cutting 3000-foet tunnel through the
mountain on ten-foot vein of coal. This
extension will carry this road to the co..
OOO-acre tract OF coal land owned by
Pennsylvania capitalists, who will open
coal mines and build 800 coke ovens.
In Texas, where but little coal mining
has been done, number of mines are be-
ing opened and new companies organized.
a large number of companies have been
chartered and there is great activity in
railroad construction. In all other lines
of industry there is remarkable activity,
and in all parts of the south many new
enterprises, including -four mills, saw
mills, furniture factories, brickworks,
machine shops, etc, were reported dur
ing the week.